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With its free listing of goods and services, Facebook could disrupt the paid model adopted by classified players in the country.
“Whether you like it or not, doing something at scale and usability are big problems not many companies have been able to solve… Facebook has been able to do this successfully,” says Sanchit Vir Gogia, Chief Analyst and Chief Executive, Greyhound Research. “It is a community which they have successfully built, now they are taking this community to commerce. Facebook is going to the next level, where it can see itself making money,” he adds.
Source: Rediff.com | Business Standard
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I had marketplace this very morning on my fb page now it’s gone.